ACI’s real-time fraud management and adaptive machine learning capabilities lauded at annual MPE Awards ceremony
NAPLES, FLA — February 23, 2018 — ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, has been named Best ID, Security and Anti-Fraud Solution of the Year by the Merchant Payments Ecosystem (MPE) at its annual conference. The MPE Award was presented to ACI for its next-generation fraud detection and prevention capabilities.
ACI’s multi-tiered UP Payments Risk Management solution utilizes advanced data analytics, adaptive machine learning and customer profiling techniques to ensure that valid transactions are processed, while potentially fraudulent ones are identified and isolated. The solution includes a unique combination of patented predictive models, flexible rules engine, automated alerts and processes, business intelligence portal and unrivalled global fraud intelligence – all supported by a team of expert risk analysts.
“As fraud continues to evolve at a rapid pace, so too must the tools used to detect and prevent it,” said Jackie Barwell, director, product management, ACI Worldwide. “ It’s an honor for our talented fraud team to receive top recognition at Merchant Payments Ecosystem’s annual conference, and it’s proof that our approach – combining extensive fraud and transaction data from across the payments universe with dedicated fraud experts formulating complex risk strategies – is helping payment providers and merchants to effectively fight fraud.”
The recognition reinforces ACI’s UP Payments Risk Management solution as a global industry leader, with the solution recently being awarded ‘Best Fraud Innovation Firm – USA’ in the Finance Monthly Fintech Awards.
About ACI Worldwide
ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.
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